Sensient Technologies (SXT) director gets stock grant, withholds shares for taxes
Rhea-AI Filing Summary
Sensient Technologies director Essie Whitelaw reported routine equity compensation activity. She received a grant of 1,119 shares of Common Stock as restricted stock under the company’s 2017 Stock Plan, at a stated price of $0.0000 per share. In connection with the vesting of a prior restricted stock grant, 674 shares of Common Stock were withheld at $99.23 per share to cover tax obligations rather than sold on the open market. After these transactions, she directly holds 17,584.136 shares of Common Stock, which include restricted shares and shares in a dividend reinvestment plan. She also holds deferred stock convertible into 885.666 Common Stock shares on a one-for-one basis, to be issued when her board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 445 shares
Net Buy
3 txns
Insider
WHITELAW ESSIE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,119 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 674 | $99.23 | $67K |
| holding | Deferred Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,584.136 shares (Direct);
Deferred Stock — 885.666 shares (Direct)
Footnotes (5)
- F1. Represents grant of restricted stock under Issuer's 2017 Stock Plan, as amended and restated.
- F2. Includes shares of restricted stock held under Issuer's 2017 Stock Plan, as amended and restated, and shares held in a dividend reinvestment plan.
- F3. Shares were withheld to cover tax withholding in connection with the vesting of prior restricted stock grant.
- F4. Deferred stock converts to common stock on a one-for-one basis.
- F5. Shares of common stock will be issued upon termination of reporting person's service as a director of the Issuer.
Key Figures
Restricted stock grant: 1,119 shares
Tax withholding shares: 674 shares
Tax withholding price: $99.23 per share
+3 more
6 metrics
Restricted stock grant
1,119 shares
Grant of common stock under 2017 Stock Plan
Tax withholding shares
674 shares
Shares withheld to cover tax on vesting
Tax withholding price
$99.23 per share
Value for withheld common stock shares
Common shares after transactions
18,258.136 shares
Direct common stock holdings following reported events
Deferred stock underlying shares
885.666 shares
Common stock issuable from deferred stock, one-for-one
Deferred stock exercise price
$0.0000
Exercise/conversion price for deferred stock
Key Terms
restricted stock, 2017 Stock Plan, dividend reinvestment plan, tax withholding, +1 more
5 terms
restricted stock financial
"Represents grant of restricted stock under Issuer's 2017 Stock Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2017 Stock Plan financial
"grant of restricted stock under Issuer's 2017 Stock Plan, as amended"
dividend reinvestment plan financial
"shares held in a dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
tax withholding financial
"Shares were withheld to cover tax withholding in connection with the vesting"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
deferred stock financial
"Deferred stock converts to common stock on a one-for-one basis"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Essie Whitelaw report at Sensient Technologies (SXT)?
Essie Whitelaw reported a grant of 1,119 shares of Sensient Technologies common stock as restricted stock and a withholding of 674 shares to pay taxes on vesting. These are routine compensation and tax events, not open-market purchases or sales.
Was there an open-market sale in Essie Whitelaw’s Sensient Technologies (SXT) Form 4?
No open-market sale was reported. The 674 shares shown with code F were withheld to cover tax obligations related to vesting of a prior restricted stock grant, meaning the shares went to the company for taxes rather than being sold in the market.
What does the restricted stock grant to Essie Whitelaw at Sensient Technologies (SXT) represent?
The grant of 1,119 restricted shares represents equity compensation under Sensient’s 2017 Stock Plan, as amended and restated. Restricted stock typically vests over time or upon meeting conditions, aligning director compensation with long-term shareholder interests according to the plan’s terms.
What is the deferred stock held by Essie Whitelaw in Sensient Technologies (SXT)?
Essie Whitelaw holds deferred stock linked to 885.666 underlying common shares. The filing states this deferred stock converts to common stock on a one-for-one basis, with shares issued when her service as a director of Sensient Technologies ends.
How were taxes handled on Essie Whitelaw’s restricted stock vesting at Sensient Technologies (SXT)?
Taxes on the vesting of a prior restricted stock grant were handled by withholding 674 shares of common stock. The shares, valued at $99.23 per share, were delivered to cover tax withholding, as described in the Form 4 footnote.